Public issue of 2,00,00,000 Equity Shares of Rs 10 each for cash at a price of Rs 22 per equity share aggregating Rs 44.00 crores (The Issue), including net offer to the public of 1,90,00,000 Equity Shares of Rs. 10 each for cash at a price of Rs. 22 per Equity Share aggregating Rs. 41.80 crores (Net offer to the Public). The issue would constitute 30.31% of the post issue paid up capital of the Company.